Economics

Things are now sinking fast. Bookmark this cast because we will come back to it in July when negative GDP growth numbers for Q2 are out.

I previously said during January/February that there was a 50/50 chance the private sector was contracting in Q1. Turns out it was indeed contracting. Come July if Q2 numbers come out and indicate another contraction then the classic definition of a recession will have been met.

I previously said during January/February that there was a 50/50 chance the private sector was contracting in Q1. Turns out it was indeed contracting. Come July if Q2 numbers come out and indicate another contraction then the classic definition of a recession will have been met.

https://finance.yahoo.com/news/us-economy-contracts-at-03-rate-in-q1-first-pullback-in-three-years-123544165.html

I like pleasure spiked with blockchain and music is my aeroplane. It's my aeroplane. @pizzadao underboss & /politics contributor. Featured in "Number Go Up"

Where’s your polymarket/ponder poll???🤨

DAOnarcho-cybersyndicalist ☠︎hyperpunk ☭ /𝖘𝖈𝖚𝖒☠︎ https://alkohlmist.mmm.page/scum

Found one

But I don’t really* trust poly market, maybe I could be convinced if someone explained the governance aspect

I don't trust them anymore either. The dispute process is too easily manipulated.

This probably goes by the government definition of recession, not the classic economics definition

Found one

But I don’t really* trust poly market, maybe I could be convinced if someone explained the governance aspect

https://polymarket.com/event/us-recession-in-2025/us-recession-in-2025?tid=1746041461530

You can suggest polymarkets but they still create them. There are smaller prediction markets that allow this though.

Idk but can’t you create your own polymarkets? 

We can defs do a ponder poll ourselves tho